1405 Birch St,Kannapolis,NC,28081

Investment Highlights

Investment property for sale in Kannapolis at 1405 Birch St, Kannapolis, NC, 28081 listed at $329,000 pairs $2,808/mo rent with a $1,610/mo payment to leave $803/mo cash flow. Total monthly income runs $2,808/mo, and annual cash flow reaches $9,638/yr on $109,064 cash to close. Return on cash invested measures 28.75% in year one, and rental yield registers 10.24% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 150.13% and total cumulative return in cash totals $163,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,808/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).